President Barack Obama’s $3.9 trillion budget proposal would benefit low-income families, college students, researchers and highway users, setting the tone for Democratic priorities in an election year.
U.S. President Barack Obama’s budget will propose tax cuts for low-income families, a retirement savings plan and ask Congress to make permanent certain tax breaks to offset the cost of higher education.
President Barack Obama’s budget plan moves the spotlight away from reducing U.S. deficits and instead seeks new spending to energize the Democratic base and give incumbents a job-creation platform for November’s midterm elections.
Bloomberg BNA – Senate energy efficiency legislation likely to be reintroduced the week of Feb. 24 will include a measure that would block a requirement that federal buildings phase out fossil fuel use, among other Republican-backed amendments, according to industry groups and others monitoring the bill.
President Barack Obama will emphasize Democratic priorities in his next budget, dropping an offer to trim the growth of entitlement spending and proposing new tax limits for U.S.-based multi-national companies.
So there is Russ Girling, TransCanada Corp.’s chief executive officer, tubing giddily through a meandering oil pipeline, crude oil streaking his face, cackling about how a “little old-fashioned lying” got a gullible American public to buy into his Keystone XL pipeline.